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Business / World Business

Chinese EV giant BYD says Q3 profit down 33%

Published: 30 Oct 2025 - 05:12 pm | Last Updated: 30 Oct 2025 - 05:13 pm
Peninsula

AFP

Beijing: Chinese electric vehicle giant BYD said on Thursday its third-quarter profit had slumped by 33 percent year-on-year, its second consecutive quarterly decline.

The carmaker said its net profit for the quarter was 7.8 billion yuan ($1.1 billion), a decrease of 32.6 percent compared to the same period last year.